Playing with Geothermal Fire

Investors are not very interested in developing geothermal electricity. Exploration is expensive, while prices depend on a single buyer.

Khairul Anam

February 20, 2023

PRIJANDARU Effendi has a way to show that geothermal projects are not very attractive to investors. As an example, this chair of the Indonesian Geothermal Association pointed to the auction for the Way Ratai geothermal working area in Lampung, which was devoid of interest.

The ministry of energy and mineral resources tendered the Way Ratai working area in 2016 with the consortium Optima Nusantara Energi and Enel Green Power SpA from Italy as the

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